Crown Castle Inc. (CCI) - Not Halal (Non-Compliant)
Crown Castle Inc. (CCI) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
Sector
Real Estate
Industry
REIT - Specialty
Result
Pass
Reason
The sector "Real Estate" and industry "REIT - Specialty" are not in the excluded categories.
Financial Ratios
Debt Ratio
Value: 60.3% | Threshold: 30% | Result: Fail
Cash & Interest-bearing Securities Ratio
Value: 2.7% | Threshold: 30% | Result: Pass
Non-Permissible Income Ratio
Value: 0.3% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.30%.Based on the company's financial statements, approximately 0.30% of dividend income comes from non-permissible sources; this is the share many investors donate to purify it. This is derived from identified interest income (0.30% of total income). Some scholars may differ on the exact calculation method.
About Crown Castle Inc.
Crown Castle owns, operates and leases approximately 40,000 cell towers across the U.S. This nationwide portfolio serves as the foundation of wireless connectivity that provides cities and communities access to essential data, technology and wireless service bringing information, ideas, innovations and the connectivity of modern life to help people and businesses thrive. Crown Castle Inc. was established in 1994 and was incorporated in Delaware.
Frequently Asked Questions
Is Crown Castle Inc. (CCI) stock halal to invest in?
According to AAOIFI Shariah screening standards, Crown Castle Inc. (CCI) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does Crown Castle Inc. have any interest income?
Identified interest income is 0.3% of Crown Castle Inc.'s total income. AAOIFI standards require non-permissible income to be below 5%.
Based on the company's financial statements, approximately 0.30% of dividend income comes from non-permissible sources; this is the share many investors donate to purify it. This is derived from identified interest income (0.30% of total income). Some scholars may differ on the exact calculation method.
Uses quarterly data
About Crown Castle Inc.
Crown Castle owns, operates and leases approximately 40,000 cell towers across the U.S. This nationwide portfolio serves as the foundation of wireless connectivity that provides cities and communities access to essential data, technology and wireless service bringing information, ideas, innovations and the connectivity of modern life to help people and businesses thrive. Crown Castle Inc. was established in 1994 and was incorporated in Delaware.
United StatesNYSEReal Estate
Screened using AAOIFI Standard No. 21 on October 25, 2026. Financial ratios compared against market capitalization. Different methodologies may produce different results. Learn how we screen.
Screened using AAOIFI Shariah Standard No. 21 (3 ratios). Debt and interest-bearing deposits must each be under 30% of market capitalization, and non-permissible income under 5% of total income. This screening is for educational purposes only and does not constitute a fatwa or religious ruling. Results are based on publicly available financial data and automated analysis. Users should consult qualified Islamic scholars and financial advisors for personal investment decisions. Financial data may be delayed or incomplete. Past compliance does not guarantee future status.
Verdict history
Free with an account.
No verdict changes recorded since first screened on Mar 2, 2026. We started recording changes on Oct 19, 2026.
Dates are when Mizaan recorded the change. Tracked and watched stocks are re-checked weekly; other stocks are re-screened on demand.
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Frequently Asked Questions
According to AAOIFI Shariah screening standards, Crown Castle Inc. (CCI) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Identified interest income is 0.3% of Crown Castle Inc.'s total income. AAOIFI standards require non-permissible income to be below 5%.
CCI is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
Crown Castle Inc.'s compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
Watch CCI free with a Mizaan account. Watched stocks are re-checked weekly, and any verdict change is dated in the verdict history on this page. Premium members also get an alert when it changes.
Approximately 0.30% of dividend income from Crown Castle Inc. comes from non-permissible sources such as interest income. Many investors purify that share by donating it to charity; scholars differ on the details, so check with one you trust.
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
What guidelines are used to determine if CCI stock is Shariah-compliant?
CCI is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
How often is Crown Castle Inc. stock reviewed for Shariah compliance?
Crown Castle Inc.'s compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
How can I stay updated on Crown Castle Inc.'s compliance status?
Watch CCI free with a Mizaan account. Watched stocks are re-checked weekly, and any verdict change is dated in the verdict history on this page. Premium members also get an alert when it changes.
Are dividends from Crown Castle Inc. stock considered halal?
Approximately 0.30% of dividend income from Crown Castle Inc. comes from non-permissible sources such as interest income. Many investors purify that share by donating it to charity; scholars differ on the details, so check with one you trust.
Do I need to pay Zakat on my Crown Castle Inc. shares?
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
